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Markets backed by liquidity: Schroders

Global valuations are high but 10-13% return this year achievable if earnings ratios stay at current levels


GLOBAL equities might achieve a 10-13 per cent return in 2015, said Alex Tedder, head and chief investment officer (CIO) of global and US equities at fund manager Schroders.

This comprises a 7-10 per cent earnings growth and 3 per cent of dividend yields, he said at a media